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Weights of Workers
The following data represent the number of employees of a sample of 25 companies: 164,148,137, 157,173,156,177,172,169,165,145,168,163,162,174,152,156,168,154,151,174,146,134, 140,and 171.
-{Weights of Workers Narrative} Construct a stem and leaf display for the number of workers.
Cognitive Heuristic
A mental shortcut that allows people to solve problems and make judgments quickly and efficiently.
Simulation
A method for implementing a model over time to study the behavior of a system or to analyze the implications of a complex process or strategy.
System-1 Thinking
Reactive thinking that relies heavily on situational cues, salient memories, and heuristic thinking to arrive quickly and confidently at judgments.
Analytical
Means that a person is habitually alert to potential problems and vigilant in anticipating consequences and trying to foresee short-term and long-term outcomes of events, decisions, and actions. “Foresightful” is another word for what “analytical” means here.
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